Leading the Pack: Jim Remley's Coaching Vlog for Brokerage Excellence

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Real Estate Industry Alert: How to Protect Yourself Against Class-Action Lawsuits

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Guys, you've probably heard about the class-action lawsuits targeting realtor organizations, MLS groups, and large franchises.

The plaintiffs claim that they were unaware they were paying both their own fees and the buyer's fees. The lawsuits aim to either eliminate seller-paid brokerage fees or ensure transparent disclosure of these fees. While similar lawsuits have been filed in the past, these recent cases are gaining traction, resulting in settlements.

For instance, a New England MLS paid a 3 million settlement to resolve the issue.

This poses a significant challenge to our industry's business model, which has operated on the basis of sellers covering the REALTOR fees for decades. We may face a future where we have to approach buyers and inform them that they must pay their fees at closing and make a choice regarding representation. If they want me to represent them, we'll have a conversation, sign a document,...

How To Leverage ChatGPT for Creating Content (Without Sounding Like a Robot)

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I just received fantastic advice from the head of development at ChatGPT:

When using ChatGPT to generate content, many of us have fallen into the habit of simply asking it to write the article, blog post, or content for us. However, sometimes the output can sound too artificial, like it was clearly written by AI.

So, how can we improve it and make it sound more like us? The answer is to shift our approach. Instead of saying, "Write the article for me," we should say, "Help me write an article about this topic."

Using the word "help" triggers the system to prompt us with questions about the article we want to write.

This interactive exchange of answering and asking questions helps refine the article and shape it more in our own voice, based on the specific topics we want to address.

By following this approach, our writing will improve significantly, becoming more authentic and personalized.

So, make sure to utilize...

Crack the Updated Instagram Algorithm: Boost Engagement and Gain Followers with These Proven Strategies!

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Hey guys, I have a quick tip regarding Instagram's algorithm:

There have been some recent changes, and it's important to stay updated. Here are the key changes:

Firstly, they no longer recommend using 8 to 15 hashtags like we used to. Instead, focus on using 3 to 5 hashtags. However, the emphasis now is on creating better descriptions and captions. It's preferred to include the tags within the captions. So, start writing more compelling captions, and there are helpful technologies like ChatGPT that can assist in creating SEO-friendly captions.

Another important aspect is video content. Instagram prefers that you edit videos within the Instagram app itself, rather than using third-party apps and bringing them into Instagram. For instance, avoid creating a video on TikTok and directly transferring it to Instagram. Instagram sees TikTok as a direct competitor, so keep that in mind when producing video content.

...

The Magic Number to Turbocharge the Growth of Your Real Estate Business

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If we look at the engine of your business, it's your sphere of influence.

Statistically, for every 10 people in your sphere, you'll average one closed sale.

But that's only if you stay in touch with them 20 to 50 times a year and have a good relationship with them. So let's go back to January 1st. Do you know how many people were in your sphere at that time?

If you don't, you don't have control of your business.

Now, fast forward to today. Have you grown your sphere of influence in the past six months? If not, your business may not be growing and could even be shrinking due to market challenges.

We can't escape market conditions by focusing on other things and neglecting our sphere. The key to changing your business's trajectory is to quickly increase your sphere of influence. You may be wondering how to do that. Well, here's a magic number to keep in mind:

The average American has 27 conversations a day. As REALTORS, we should...

The FORD +1 Technique for Building Your Sphere of Influence & Skyrocketing Your Sales

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Can you relate to this?

You meet someone at a party or an event, and you have an amazing conversation. You really connect and feel like you could become friends. But then they disappear, and you never hear from them again.

As REALTORS, we often miss the chance to expand our spheres of influence and grow our business by nurturing these relationships. Plus, we could gain some friends along the way.

But here's the secret sauce: The Ford Plus One technique.

You might be familiar with the Ford technique, which stands for Family, Occupation, Recreation, and Dreams and goals. Whenever you're talking to someone and struggling to keep the conversation flowing, think about these topics.

Ask about their family, their occupation, what they enjoy doing for fun, and their dreams and goals. But as good as that is, I want to add a plus one to this technique.

Why?

I want to find a way to add value to the conversation even after it...

Unlock the Power of Referrals: Engage Your Personal Sales Army for Massive Success!

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Why aren't you getting more referrals?

The problem is you're not asking for referrals. You think you are, but you're not.

Let me give you a natural and fun way to ask for referrals that people love:

Think of your sphere of influence as your personal sales army. Imagine you recruited a hundred or more salespeople to work for your team. If you gave them an assignment, do you think they would bring you sales?

Of course they would. The reason they're not doing it now is because you're not giving them guidance as the sales manager.

So here's an example of what you can do: Send a mass text, email, personal calls, or even a video text to your sales army, saying:

“Hey guys, I'm really short on inventory right now. If you see a house with a preferred sale sign or a vacant house, could you quickly take a picture and send it to me? It could give me an edge in getting that listing. Thank you!”

Another idea is to...

Podcast #53: Building a Culture of Excellence ft. Cole Harvey

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Join us for a captivating conversation with Cole Harvey, a seasoned Real Estate Broker, as he shares his insights on building a successful brokerage, effective recruiting and retention strategies, and fostering a thriving company culture. With a proven track record in residential sales, investment properties, luxury estates, and distressed properties, Cole's expertise extends beyond transactions. Don't miss this episode as Cole delves into the keys to building a strong brokerage, cultivating a loyal team, and creating a positive work environment. Gain valuable insights and practical advice for establishing and growing your own real estate company.

Podcast #52: Growing a Real Estate Company by Attracting Agents and Serving the Community ft. Antonio Cousin

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Join Jim as he interviews Antonio Cousin, a licensed real estate broker, as he shares his strategies for building a successful brokerage. With a Realtor® license since 2010, Antonio offers exceptional service and expertise in Texas and Louisiana. He is also an accomplished real estate investor and author of the groundbreaking book, "I'm Out! Escaping the Rat Race One Income Stream at a Time." Gain valuable insights from his extensive experience, educational background, and commitment to excellence. Whether you're an investor or new to the industry, this episode provides guidance for success in real estate. Tune in and learn from Antonio's proven strategies.

How to Successfully Retain Top Realtors for Your Real Estate Firm

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Recruiting and retaining top realtors is crucial for the success and growth of your real estate firm. However, it can be a challenging task in a competitive industry. By understanding what realtors are seeking in a brokerage, being proactive in hiring, leveraging technology, creating a positive work environment, and offering attractive perks and benefits, you can build a strong team of realtors who will contribute to the long-term success of your firm.

Here are 5 Ways to Retain Top REALTORS at Your Firm

1. Foster a Positive Work Environment

Create a positive work environment that fosters collaboration, teamwork, and mutual support. Encourage open communication, recognize achievements, and provide regular feedback to realtors. Foster a sense of belonging and community within your brokerage, making realtors feel valued and appreciated.

2. Provide Ongoing Training and Development

Invest in the professional development of your real estate agents. Offer ongoing training...

The Hilarious Journey of Becoming a Realtor and Starting Your Own Real Estate Brokerage

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Congratulations on embarking on the wild and wacky adventure of becoming a realtor! You've decided to take the plunge and dive deep into the world of real estate. But wait, there's more! You're even considering starting your own real estate brokerage. Buckle up, my friend, because this journey is going to be a rollercoaster of laughs, challenges, and questionable fashion choices.

Why Start Your Own Real Estate Brokerage?

Let's address the big question first: why on earth would you want to start your own real estate brokerage? Are you a glutton for punishment? Do you have an insatiable desire to unleash your inner control freak? Well, my friend, there are actually some valid reasons why you might consider this crazy endeavor:

Higher Income Potential: Who doesn't love the sound of cha-ching? Starting your own brokerage opens up new revenue streams and gives you the opportunity to earn more money.
More Freedom for Your Creative Ideas: Tired of...

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Fresh Ideas. New Scripts. Cool Trends. Fun Times.

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Ready to Grow Your Brokerage or Team?

Our Leadership & Brokerage Coaching program is tailored to address key areas such as recruiting, retention, culture building, training, support, marketing, technology, and profitability.

In two one-hour monthly sessions, you will dive deep into these topics, guided by a core curriculum of ideas and unlimited time for questions and idea-sharing. These small group sessions provide a unique opportunity to connect with other like-minded office leaders, sharing experiences, and supporting one another's growth. You are encouraged to bring guests such as staff, sales managers, and ownership teams to these events.

To ensure maximum accessibility and convenience, every session is recorded, and comprehensive notes are provided for your reference.

Explore Coaching

Here are 5 Ways to Retain Top REALTORS at Your Firm

1. Foster a Positive Work Environment

2. Provide Ongoing Training and Development

Why Start Your Own Real Estate Brokerage?

Fresh Ideas. New Scripts. Cool Trends. Fun Times.

Ready to Grow Your Brokerage or Team?

What if 30 minutes could dramatically improve your Real Estate Business?